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The Life Sukhumvit 48 project in Phra Khanong, Bangkok, provides a serene abode for those looking for an escape from the hustle and bustle of the city. This particular condo offers solace for mindful minds, its 32 square meters providing a tranquil sanctuary. The striking one bedroom, one bathroom condominium, completed in December 2018, delivers on both style and convenience.This condo is a rare opportunity to purchase a stunningly designed, newly built condominium in the heart of Bangkok. Ideal for those hunting for a secluded haven, this property is sure to please those with the utmost exactitude. From the restive comfort of the living area, to the calming simplicity of the bedroom and bathroom; this condo is the epitome of tranquillity. Life Sukhumvit 48 provides a feeling of security and assurance, perfect for those looking for a base in which to protect their most valuable assets. This 32 SQM condominiums offers a chance for enhanced lifestyle, for those looking for a break from the chaotic day-to-day. Whether it's for investment or comfort purposes, this condo promises to offer a haven of peace in the heart of the city. this condo is sure to exceed expectations, providing a safe and secure base in which to explore and relax.
Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at Life Sukhumvit 48 you have to follow these steps:
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.